Bengaluru Urban district authorities take over the high-rise in Koramangala Bengaluru: The Bengaluru Urban district administration on Wednesday took possession of the Salarpuria Towers located in Koramangala, saying it was built on two acres of land that actually belongs to the State government. The market value of the property is estimated to be Rs 500 crore. The multi-storey building houses Janasri news channel, Big Bazaar, Shoppers Stop and Bata showrooms. District officials hinted that the property is the benami of a politician from Ballari who was arrested by the CBI in the mining scam. More, http://bangalore5.com/generalnews/2015/07/23/rs-500-crore-worth-of-salarpuria-towers-is-now- government-property/